NASDAQ:ZSZscaler Stock Price, Forecast & News

$98.09

+22.29 (+29.41 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$85.50

Now: $98.09▼

$98.38

50-Day Range

$62.17

MA: $70.79▼

$77.06

52-Week Range

$35.00

Now: $98.09▼

$89.54

Volume22.66 million shs

Average Volume2.22 million shs

Market Capitalization$12.69 billion

P/E RatioN/A

Dividend YieldN/A

Beta0.52

Zscaler, Inc. operates as a cloud security company worldwide. The company's flagship services include Zscaler Internet Access solution that connect users to externally managed applications, including software-as-a-service applications and Internet destinations; and Zscaler Private Access solution, which is designed to provide access to internally managed applications, either hosted internally in data centers, and private or public clouds. It serves customers in various industries, such as airlines and transportation, conglomerates, consumer goods and retail, financial services, healthcare, manufacturing, media and communications, public sector and education, technology, and telecommunications services. The company was formerly known as SafeChannel, Inc., and changed its name to Zscaler, Inc. in August 2008. Zscaler, Inc. was incorporated in 2007 and is headquartered in San Jose, California.

Beat the Market (BTM) Rank^™

2.2 Analyst's Opinion

Consensus Rating
Zscaler has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 9 buy ratings, 9 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $79.95, Zscaler has a potential downside of 18.5% from its current price of $98.09.
Amount of Analyst Coverage
Zscaler has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.4 Community Rank

Outperform Votes
Zscaler has received 243 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Zscaler has received 253 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Zscaler has received 51.01% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Zscaler and other stocks. Vote “Outperform” if you believe ZS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ZS will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Zscaler does not currently pay a dividend.
Dividend Growth
Zscaler does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Zscaler insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $11,090,286.00 in company stock.
Percentage Held by Insiders
Only 23.80% of the stock of Zscaler is held by insiders.
Percentage Held by Institutions
41.31% of the stock of Zscaler is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Zscaler are expected to decrease in the coming year, from ($0.55) to ($0.81) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Zscaler is -178.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Zscaler is -178.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Zscaler has a P/B Ratio of 40.53. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.12 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Custom computer programming services

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:ZS

Previous Symbol

CUSIPN/A

CIK1713683

Webwww.zscaler.com

Phone408-533-0288

Debt

Debt-to-Equity Ratio0.07

Current Ratio1.72

Quick Ratio1.72

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$302.84 million

Price / Sales41.90

Cash Flow$0.11 per share

Price / Cash Flow901.56

Book Value$2.42 per share

Price / Book40.53

Profitability

EPS (Most Recent Fiscal Year)($0.12)

Net Income$-28,660,000.00

Net Margins-18.10%

Return on Equity-15.18%

Return on Assets-7.46%

Miscellaneous

Employees1,480

Outstanding Shares129,350,000

Market Cap$12.69 billion

Next Earnings Date9/8/2020 (Estimated)

OptionableOptionable

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Zscaler (NASDAQ:ZS) Frequently Asked Questions

How has Zscaler's stock been impacted by COVID-19 (Coronavirus)?

Zscaler's stock was trading at $42.88 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ZS shares have increased by 128.8% and is now trading at $98.09. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Zscaler?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zscaler in the last year. There are currently 2 sell ratings, 9 hold ratings, 9 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Zscaler.

When is Zscaler's next earnings date?

Zscaler is scheduled to release its next quarterly earnings announcement on Tuesday, September 8th 2020. View our earnings forecast for Zscaler.

How were Zscaler's earnings last quarter?

Zscaler Inc (NASDAQ:ZS) posted its quarterly earnings data on Thursday, May, 28th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.05. The company had revenue of $110.50 million for the quarter, compared to the consensus estimate of $106.18 million. Zscaler had a negative net margin of 18.10% and a negative return on equity of 15.18%. The firm's revenue for the quarter was up 39.7% on a year-over-year basis. During the same period last year, the company earned $0.05 earnings per share. View Zscaler's earnings history.

What guidance has Zscaler issued on next quarter's earnings?

Zscaler issued an update on its FY20 earnings guidance on Thursday, May, 28th. The company provided earnings per share guidance of $0.20-0.21 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.15. The company issued revenue guidance of $422-424 million, compared to the consensus revenue estimate of $414.61 million.

What price target have analysts set for ZS?

21 brokerages have issued 12 month price objectives for Zscaler's stock. Their forecasts range from $37.00 to $115.00. On average, they anticipate Zscaler's share price to reach $79.95 in the next twelve months. This suggests that the stock has a possible downside of 18.5%. View analysts' price targets for Zscaler.

What are Wall Street analysts saying about Zscaler stock?

Here are some recent quotes from research analysts about Zscaler stock:

1. According to Zacks Investment Research, "Zscaler Inc. operates as a cloud security company. It focuses on transforming networks and applications for a mobile and cloud-first. The company's flagship services consist of Zscaler Internet Access and Zscaler Private Access engages on securing connections between users and applications, regardless of device, location or network. Zscaler Inc. is headquartered in San Jose, California. " (3/24/2020)
2. Robert W. Baird analysts commented, "We continue to view Zscaler as disruptive to legacy security architectures and a long-term winner in securing cloud." (5/31/2019)

Has Zscaler been receiving favorable news coverage?

News headlines about ZS stock have been trending very negative this week, InfoTrie reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Zscaler earned a news impact score of -3.4 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutZscaler.

Who are some of Zscaler's key competitors?

Some companies that are related to Zscaler include Infosys (INFY), Cognizant Technology Solutions (CTSH), Verisign (VRSN), Wipro (WIT), NTT DATA CORP/ADR (NTDTY), EPAM Systems (EPAM), Amdocs (DOX), Aspen Technology (AZPN), GEMALTO NV/S (GTOMY), Endava (DAVA), PROS (PRO), Glu Mobile (GLUU), Sogou (SOGO), Formula Systems (1985) (FORTY) and Perficient (PRFT). View all competitors.

What other stocks do shareholders of Zscaler own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Zscaler investors own include NVIDIA (NVDA), Okta (OKTA), Alibaba Group (BABA), salesforce.com (CRM), Twilio (TWLO), Square (SQ), Trade Desk (TTD), Netflix (NFLX), Micron Technology (MU) and Paypal (PYPL).

Who are Zscaler's key executives?

Zscaler's management team includes the following people:

Mr. Jagtar S. Chaudhry, Co-Founder, Pres, CEO & Chairman (Age 60)
Mr. Remo E. Canessa, Chief Financial Officer (Age 62)
Dr. Amit Sinha Ph.D., CTO, Exec. VP of Engineering & Cloud Operations & Director (Age 43)
Mr. K. Kailash, Founder & Chief Architect
Mr. Patrick Foxhoven, Chief Information Officer & VP of Emerging Technologies

When did Zscaler IPO?

(ZS) raised $110 million in an initial public offering (IPO) on Friday, March 16th 2018. The company issued 10,000,000 shares at a price of $10.00-$12.00 per share. Morgan Stanley and Goldman Sachs acted as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Deutsche, Credit Suisse, UBS Securities, Baird, BTIG and Needham, Stephens were co-managers.

What is Zscaler's stock symbol?

Zscaler trades on the NASDAQ under the ticker symbol "ZS."

Who are Zscaler's major shareholders?

Zscaler's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.88%), JPMorgan Chase & Co. (3.06%), Franklin Resources Inc. (1.45%), Champlain Investment Partners LLC (1.32%), First Trust Advisors LP (0.90%) and State Street Corp (0.72%). Company insiders that own Zscaler stock include Amit Sinha, Andrew William Fraser Brown, Karen Blasing, Manoj Apte, Remo Canessa and Robert Schlossman. View institutional ownership trends for Zscaler.

Which institutional investors are selling Zscaler stock?

ZS stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Scout Investments Inc., Two Sigma Advisers LP, Carillon Tower Advisers Inc., Franklin Resources Inc., Morgan Stanley, Morgan Stanley, and Frontier Capital Management Co. LLC. Company insiders that have sold Zscaler company stock in the last year include Amit Sinha, Andrew William Fraser Brown, Karen Blasing, Manoj Apte, Remo Canessa, and Robert Schlossman. View insider buying and selling activity for Zscaler.

Which institutional investors are buying Zscaler stock?

ZS stock was purchased by a variety of institutional investors in the last quarter, including Champlain Investment Partners LLC, BlackRock Inc., Thrivent Financial for Lutherans, Deutsche Bank AG, AQR Capital Management LLC, JPMorgan Chase & Co., Weiss Multi Strategy Advisers LLC, and First Trust Advisors LP. View insider buying and selling activity for Zscaler.

How do I buy shares of Zscaler?

Shares of ZS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Zscaler's stock price today?

One share of ZS stock can currently be purchased for approximately $98.09.

How big of a company is Zscaler?

Zscaler has a market capitalization of $12.69 billion and generates $302.84 million in revenue each year. The company earns $-28,660,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis. Zscaler employs 1,480 workers across the globe.

What is Zscaler's official website?

The official website for Zscaler is www.zscaler.com.

How can I contact Zscaler?

Zscaler's mailing address is 120 HOLGER WAY, SAN JOSE CA, 95134. The company can be reached via phone at 408-533-0288 or via email at [email protected]

This page was last updated on 5/31/2020 by MarketBeat.com Staff